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Casino
May 21, 2024
Hard Rock Denies Bid for The Star Amid Acquisition Rumors
US hospitality giant Hard Rock International has denied rumors that it is planning to make a bid for the Australian casino giant The Star Entertainment Group. The speculations ran wild after some reports that a consortium of parties including Hard Rock’s Pacific branch had supposedly expressed interest in the embattled Australian company. Hard Rock International […]
Business
May 20, 2024
Hard Rock Eyes Acquisition of Star Entertainment
Star Entertainment, one of the largest gambling operators in Australia, was tangled into a prolonged investigation over alleged breaches related to anti-money laundering rules, among other issues. Amid the regulatory hurdle, the operator remains subject to scrutiny. Government-appointed managers seek to ensure compliance of the operator’s casinos, while back in March, the company announced leadership […]
Industry
May 17, 2024
AUSTRAC and SkyCity Adelaide Agree to $67M Penalty Proposal
Gaming and entertainment company that provides sports, amusement, and recreation services, SkyCity Adelaide Pty Ltd (SkyCity), and the Australian Transaction Reports and Analysis Centre (AUSTRAC) have filed joint submissions with the Federal Court of Australia. Their proposed AU$67 million penalty mentioned in the joint submissions was deemed appropriate in the context of the casino’s contravention of […]
Business
May 16, 2024
Aristocrat Publishes Outstanding H1 Financials
Aristocrat has published its H1 report, outlining “outstanding” financials. The six months were characterized by strong profit growth, resilient operational performance and momentum, the company reported. In the first six months of the fiscal year, Aristocrat recorded a 6% growth in revenue to AUD 3.2 billion ($2.12 billion). The company attributed the favorable results to […]
Casino
May 16, 2024
Cruise Line Gets in Hot Water after Casino Player Takes Own Life
An Australian man has taken his own life after accumulating debts in a cruise ship’s casino, Daily Mail reported. Safer gambling experts believe that Dixon’s suicide could have been prevented if the ship provider had provided adequate duty of care. Shane Dixon, 50, jumped to his death as the ship approached Sydney. A father of […]
Industry
May 13, 2024
Victoria Considers Limits on Working Hours for Pokies
Currently, gambling is identified as a serious public health issue in Australia. Regretfully, Australians have the highest losses per capita out of any other country across the globe and the billions lost to gambling annually are a stark reminder. Amid concerns about excessive gambling and millions lost every month, Australia anticipates changes to its gambling […]
Industry
May 8, 2024
Defense Attorney Asks for Intensive Corrections Order in Betting Fraud Case
It is not uncommon for individuals affected by problem gambling to engage in illicit activities, including fraud, theft or in some cases even violent crimes. Driven by the urge to gamble more and chasing losses, problem gamblers often get themselves deeper into trouble by piling up debt or having issues with the law. In one […]
Industry
May 7, 2024
Gambling Addiction Drives Brisbane Court Worker to Commit Fraud, Theft
It is not uncommon for people affected by at-risk or problem gambling to engage in unlawful activities. While some may resort to violent crimes, others may consider embezzlement, fraud or theft. This is precisely the case of a former public servant with the Department of Justice in Brisbane, Australia, who was recently sentenced. The case […]
Industry
May 7, 2024
Counterfeiter Flees Australian Justice after Using Fake Chips
A Chinese national made a daring escape from Sydney’s The Star casino after attempting to use $34,000 worth of counterfeit casino chips, according to police reports. The perpetrator was reportedly testing the waters in preparation for a more ambitious defrauding attempt. This incident matches other recent counterfeit chip sightings in high-profile establishments, hinting at the […]
Industry
May 7, 2024
Australians Favor Age Verification for Pornography, Gambling, Says Poll
Gambling is identified as a serious public health issue in Australia. Known as the world’s biggest losers, Aussies lose hundreds of thousands of dollars daily, making the losses hundreds of millions on a monthly basis and billions annually. Understanding the significant impact gambling has on society, the country’s government is considering changes to the gambling […]
